Cedar Rapids-Iowa City, IA

There is no doubt that the Cedar Rapids-Iowa City, IA combined statistical area (aka CSA) is one of the hottest housing markets in the country right now. Home prices have been on the rise for the past few years, and there is no end in sight. The combination of strong job growth and low interest rates are fueling demand for housing, and there is simply not enough supply to meet it. This has led to bidding wars and sky-high prices, especially for starter homes.

If you are thinking of buying a home in the CSA, you need to be prepared to pay top dollar. Prices are only going to continue to go up, so if you can afford it, now is the time to buy. If you are looking for an investment property, this is also a good market to consider. Rentals are in high demand and can command top dollar. Just be sure to do your homework before making any decisions – this market is not for the faint of heart!